Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$772,510$772,510$787,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$58,740$0
Funding fee$3,863$3,863$0
Note rate6.730%6.730%7.400%
Blended rate6.730%7.094%7.640%
1st payment$5,113.43$5,113.43$5,452.49
2nd payment$0.00$581.28$0.00
Taxes / mo$415.00$415.00$415.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$157.50
HOA / mo$10.42$10.42$10.42
Total monthly$5,755.51$6,336.79$6,252.08
Cash to close$102,490$43,750$87,500